Central Industrial unit bags RM71.55m construction job in Penang

PETALING JAYA: Central Industrial Corp Bhd has clinched a RM71.55 million contract for the construction of a 30-storey SOHO building in Penang.
The group told Bursa Malaysia that Proventus Bina Sdn Bhd, a 51% owned subsidiary of its wholly owned subsidiary CIC Construction Sdn Bhd had on June 28 accepted the letter of award from Aspen Vision Builders Sdn Bhd.
The contract is expected to commence on July 2 and to be completed within 24 months.
Central Industrial said it will enlarge the group’s order book and provide a steady stream of revenue over the next two years.